Resource assignment system with allocation assist

ABSTRACT

In response to receiving a request from a user to initiate a new resource pool, a determination of a purpose of the new resource pool is made. The system identifies suggested resource allocations for the new resource pool, as well as suggested modifications for current resource pools of a user, and presents both to the user. The suggested resource allocations are determined based on the purpose of the new resource pool and user data associated with the user or other users. The user selects suggested resource allocations for the new resource pool and current resource pools. The processing systems initiate the selected resource allocation and/or the suggested modifications selected by the user at the time of initiating the new resource pool, and thus reduces the processing requirements for processing resource allocations since the allocations occur at the initiation of the new resource pool.

FIELD

The present invention relates to utilizing a distributed network ofsystems for identifying proposed uses for resources and utilizing userdata to assign resources to improve upon processing efficiency ofresource allocation.

BACKGROUND

Identifying the assignment of resources can be a difficult and costlyprocess. Having to assign resources after an initiation, or having toreassign resources when they are not initially assigned properlydecreases the capacity and efficiency of the processing devices becausethe processing devices are required to make multiple connections andassignments over the distributed network when the resource assignment isnot identified and carried out during initiation. Accordingly, thereexists a need to facilitate the allocation of resources at initiation ofnew resource pools.

BRIEF SUMMARY

Embodiments of the present invention address these and/or other needs byproviding an innovative system, method and computer program product fordetermining the purpose of a new resource pool, as well as allocatingresources in the new resource pool and current resource pools at thetime of initiating the new resource pool. As such, a user may requestthe initiation of a new resource pool, and before initiating theresource pool the systems may request the purpose of the new resourcepool. The systems may receive the purpose of the resource pool from theuser over a distributed network and thereafter access user data (e.g.,of the user or other users) regarding types of resource pools owned byusers and the allocation of resources within the resource pools. Thesystems may identify suggested resource pools and/or resource poolallocations to present to the user at the time the user initiates thenew resource pool. The systems may receive a selected resource pool fromthe user, and begin initiation of the new resource pool. The user mayfurther share information associated with the new resource pool withother users. The systems may provide information about third-partyentities to the user at the time of initiating the new resource pool. Itshould be understood that by determining the purpose of the resourcepool at the time of initiating the new resource pool the entity mayprovide improved processing since the systems can properly initiate thedesired resource pool and properly allocate resources at the time ofinitiating the new resource pool, instead of having to take multipleactions well after initiating the new resource pool.

Moreover, the systems described herein may allow for the access of userdata regarding the allocation of resources within various resourcepools. The systems may identify suggested resource allocations for thenew resource pool, as well as suggested modifications for currentresource pools of the user, and present both to the user along with theuser's goals associated with the new resource pool. The user may selecta suggested resource allocation for the new resource pool, as well assuggested modifications for current resource pools in order to determinehow the selections affect the user's goals. Once the suggested resourceallocations for the new resource pool and the current resource pools aremade, the processing systems initiate the selected resource allocationand/or the suggested modifications selected by the users at the time ofinitiating the new resource pool. In this way, the processingrequirements for processing resource allocations associated with theresource pools of the user are reduced since the allocations occur atthe initiation of the new resource pools.

The new resource pool, the allocations of resources for the new resourcepool, and the allocations of resources for the current resource pools ofthe user may all be provided in an integrated interface that illustratesin one location all the changes that are to be made to the user'sresource pools and allocations, both within one entity and acrossentities, at the time of initiation of the new resource pool. Thisallows the user to make adjustments to the resource allocations ofvarious resource pools within a single interface instead of having toaccess multiple interfaces across multiple systems. In some embodimentsthe interface may include the purpose of the resource pools and/or thegoals associated with the resource pools, such that the user mayidentify the progress towards reaching the goals associated with theresource pools and the most effective way of reaching the goals.

Embodiments of the invention include systems, methods, and computerprogram products for allocating resources of a user at initiation of anew resource pool. The invention includes electronically receiving anindication from a user to initiate a new resource pool, wherein theindication is received from a user computer system; electronicallyidentifying a purpose of the new resource pool; electronically accessinguser data for the user regarding resource allocations for currentresource pools of the user by accessing user resource pool systems;electronically identifying one or more suggested resource allocationsbased on the purpose of the resource pool and the user data for theresource allocations for the current resource pools of the user;electronically providing the user the one or more suggested resourceallocations in a user interface, wherein the user interface is providedby the entity systems on the user computer systems; electronicallyreceiving a selected resource allocation for the new resource pool fromthe one or more suggested resource allocations, wherein the selectedresource allocation is received from the user computer system; andelectronically initiating the new resource pool and the selectedresource allocation, wherein the selected resource allocation isinitiated through the entity systems.

In other embodiments of the invention the processing speed is improvedby automatically initiating the selected resource allocation at the sametime as initiating the new resource pool by reducing the number ofprocessing steps.

In further accord with embodiments the invention, the inventionelectronically identifies one or more suggested modifications of currentresource allocations in the current resource pools of the user based onthe purpose of the resource pool and the user data for the resourceallocations for the current resource pools of the user; electronicallyproviding the user the one or more suggested modifications of thecurrent resource allocations on the user interface, wherein the userinterface is provided by the entity systems to the user computersystems; electronically receiving a selected modification of currentresource allocations from the one or more suggested modifications ofcurrent resource allocations, wherein the selected modification ofcurrent resource allocations is received from the user computer systems;and electronically initiating the selected modification of currentresource allocations along with initiating the new resource pool and theselected resource allocation for the new resource pool, wherein theselected resource allocation is initiated through the entity systems.

In other embodiments of the invention, the one or more suggestedresource allocations for the new resource pool and the one or moresuggested modifications of current resource allocations for the currentresource pools are provided to the user in a resource allocationinterface on the user computer systems, and wherein the user may alterthe one or more suggested resource allocations or the one or moresuggested modifications of current resource allocations beforeinitiating the new resource pool, the selected resource allocation forthe new resource pool, and the selected modification of current resourceallocations.

In still other embodiments, the invention further includeselectronically providing the user third party entity information relatedto the purpose of the new resource pool or the selected resourceallocation.

In yet other embodiments, the invention further includes electronicallyreceiving a request from the user to provide new resource poolinformation to one or more of the other users to aid in achieving thepurpose of the new resource pool.

In further accord with embodiments, electronically identifying a purposeof the new resource pool further includes electronically requesting aninquiry regarding a purpose for the new resource pool after receivingthe indication from the user to initiate the new resource pool, whereinthe request is sent to the user computer system by the entity system;and electronically receiving a response from the user regarding thepurpose of new the resource pool.

In other embodiments of the invention electronically identifying apurpose of the new resource pool includes electronically receiving aresource pool type and a proposed resource allocation for the newresource pool along with the indication from the user to initiate thenew resource pool, wherein the resource pool type and the proposedresource allocation for the new resource pool are received from the usercomputer system; electronically accessing the user data for the userregarding resource allocations for current resource pools of the user byaccessing user resource pool systems; and electronically identifying thepurpose of the new resource pool based on the resource pool type and theproposed resource allocation for the new resource pool, and the userdata.

The features, functions, and advantages that have been discussed may beachieved independently in various embodiments of the present inventionor may be combined with yet other embodiments, further details of whichcan be seen with reference to the following description and drawings.

BRIEF DESCRIPTION OF THE DRAWINGS

Having thus described embodiments of the invention in general terms,reference will now be made the accompanying drawings, wherein:

FIG. 1 presents a block diagram illustrating a resource assignmentsystem environment, in accordance with aspects of the invention;

FIG. 2 presents a flow diagram illustrating the assignment of a newresource pool and resources at the time of initiation of the newresource pool, in accordance with aspects of the invention; and

FIG. 3 presents a flow diagram illustrating the allocation of resourcesand modification of resource allocation along with the assignment of thenew resource pool at the time of the initiation of the new resourcepool, in accordance with aspects of the invention.

DETAILED DESCRIPTION OF EMBODIMENTS OF THE INVENTION

Embodiments of the present invention will now be described more fullyhereinafter with reference to the accompanying drawings, in which some,but not all, embodiments of the invention are shown. Indeed, theinvention may be embodied in many different forms and should not beconstrued as limited to the embodiments set forth herein; rather, theseembodiments are provided so that this disclosure will satisfy applicablelegal requirements. Where possible, any terms expressed in the singularform herein are meant to also include the plural form and vice versa,unless explicitly stated otherwise. Also, as used herein, the term “a”and/or “an” shall mean “one or more,” even though the phrase “one ormore” is also used herein. Furthermore, when it is said herein thatsomething is “based on” or “associated with” something else, it may bebased on or associated with one or more other things as well. In otherwords, unless expressly indicated otherwise, as used herein “based on”means “based at least in part on” or “based at least partially on” and“associated with” means “associated at least in part with” or“associated at least partially on.” Like numbers refer to like elementsthroughout.

Embodiments of the present invention provide systems, methods, andcomputer program products that provide for the assignment of the newresource pool, and for the allocation of resources for the new resourcepool and/or modification of the allocation of resources for currentresource pools at the time of initiation of the new resource pool.

FIG. 1 illustrates a resource assignment system environment 1, inaccordance with embodiments of the invention. As illustrated in FIG. 1,one or more entity systems 10 are operatively coupled, via a network 2,to one or more user computer systems 20, one or more user resource poolsystems 30, one or more third-party entity systems 40, or other likesystems. In this way, a user 4 (e.g., one or more associates, employees,agents, contractors, sub-contractors, third-party representatives, orthe like) may initiate, through an entity application 17, a userapplication 27, a resource pool application 37, or the like, a newresource pool; and the entity may determine the purpose of the newresource pool and utilize user data from the entity systems 20, resourcepool systems 30 and/or other systems to assign the resources to aparticular resource pool type and/or identify suggested resourceallocations for the resources within the new resource pool and/or otherresource pools. As such, users 4 may use the applications 27, and/or anentity may use the entity application 17 to take actions (e.g.,initiating a new resource pool and/or allocating resources withinresource pools) and/or to communicate with (e.g., send or receive datafrom, or the like) the applications and the devices within the resourceassignment system environment 1 to achieve the steps of the processesdescribed herein.

The network 2 may be a global area network (GAN), such as the Internet,a wide area network (WAN), a local area network (LAN), or any other typeof network or combination of networks. The network 2 may provide forwireline, wireless, or a combination of wireline and wirelesscommunication between systems, services, devices, and/or devices on thenetwork 2.

As illustrated in FIG. 1, the entity systems 10 generally comprise oneor more communication devices 12, one or more processing devices 14, andone or more memory devices 16. The one or more processing devices 14 areoperatively coupled to the one or more communication devices 12 and theone or more memory devices 16. As used herein, the term “processingdevice” or “processor” generally includes circuitry used forimplementing the communication and/or logic functions of a particularsystem. For example, a processing device 14 may include a digital signalprocessor device, a microprocessor device, and various analog-to-digitalconverters, digital-to-analog converters, and other support circuitsand/or combinations of the foregoing. Control and signal processingfunctions of the system are allocated between these processing devicesaccording to their respective capabilities. The one or more processingdevices 14 may include functionality to operate one or more softwareprograms based on computer-readable instructions 18 thereof, which maybe stored in the one or more memory devices 16.

The one or more processing devices 14 use the one or more communicationdevices 12 to communicate with the network 2 and other devices on thenetwork 2, such as, but not limited to, the user computer systems 20,the user resource pool systems 30, the third-party entity systems 40,and/or other systems. As such, the one or more communication devices 12generally comprise a wireless transceiver, modem, server, electricalconnection, electrical circuit, or other device for communicating withother devices on the network 2. The one or more communication devices 12may further include an interface that accepts one or more networkinterface cards, ports for connection of network devices, UniversalSerial Bus (USB) connectors and the like.

As further illustrated in FIG. 1, the entity systems 10 comprisecomputer-readable instructions 18 stored in the memory device 16, whichin one embodiment includes the computer-readable instructions 18 of theentity application 17. In some embodiments, the one or more memorydevices 16 include one or more data stores 19 for storing data relatedto the entity systems 10, including, but not limited to, data created,accessed, and/or used by the entity application 17. The entityapplication 17 may allow the user to initiate the new resource pool,assign a type of resource pool to the new resource pool, allocateresources to the new resource pool, and allocate resources within otherresource pools in order to help to achieve the purpose of the newresource pool.

As illustrated in FIG. 1, users 4 may access the entity application 17through the use of the user application 27 (e.g., web browser, dedicatedapplication, or the like), or other applications, through a usercomputer system 20. The user computer system 20 may be a desktop,laptop, tablet, mobile device (e.g., smartphone device, or other mobiledevice), or any other type of computer that generally comprises one ormore communication devices 22, one or more processing devices 24, andone or more memory devices 26.

The one or more processing devices 24 are operatively coupled to the oneor more communication devices 22, and the one or more memory devices 26.The one or more processing devices 24 use the one or more communicationdevices 22 to communicate with the network 2 and other devices on thenetwork 2, such as, but not limited to, the entity systems 10, theresource pool systems 30, the third-party entity systems 40, and/orother systems. As such, the one or more communication devices 22generally comprise a wireless transceiver, modem, server, electricalconnection, or other device for communicating with other devices on thenetwork 2. The one or more communication devices 12 may further includean interface that accepts one or more network interface cards, ports forconnection of network devices, Universal Serial Bus (USB) connectors andthe like. Moreover, the one or more communication devices 22 may includea keypad, keyboard, touch-screen, touchpad, microphone, mouse, joystick,other pointer device, button, soft key, and/or other input/outputdevice(s) for communicating with the users 4.

As illustrated in FIG. 1, the user computer systems 20 may havecomputer-readable instructions 28 stored in the one or more memorydevices 26, which in one embodiment includes the computer-readableinstructions 28 of the user application 27, such as a dedicatedapplication (e.g., apps, applet, or the like), portions of dedicatedapplications, web browser or other apps that allow access toapplications located on other systems, or the like.

As illustrated in FIG. 1, the entity may retrieve user data regardingresource pools and/or resource allocations within resource pools of theuser or other users by accessing the user resource pool systems 30. Theuser resource pool systems 30 generally comprise one or morecommunication devices 32, one or more processing devices 34, and one ormore memory devices 36.

The one or more processing devices 34 are operatively coupled to the oneor more communication devices 32, and the one or more memory devices 36.The one or more processing devices 34 use the one or more communicationdevices 32 to communicate with the network 2 and other devices on thenetwork 2, such as, but not limited to, the entity systems 10, the usercomputer systems 20, the third-party entity systems 40, and/or othersystems. As such, the one or more communication devices 32 generallycomprise a wireless transceiver, modem, server, electrical connection,or other device for communicating with other devices on the network 2.The one or more communication devices 32 may further include aninterface that accepts one or more network interface cards, ports forconnection of network devices, Universal Serial Bus (USB) connectors andthe like.

As illustrated in FIG. 1, the user resource pool systems 30 may havecomputer-readable instructions 38 stored in the one or more memorydevices 36, which in one embodiment includes the computer-readableinstructions 38 of the resource pool application 37 that allow theentity and/or the user 4 to access user data that is stored in the userresource pool systems 30.

FIG. 1 further illustrates third-party entity systems 40 and/or otherlike systems that are operatively coupled to the entity systems 10, theuser computer systems 20, the user resource pool systems 30, and/orother like systems, through the network 2. The third-party entitysystems 40 and/or other like systems have devices the same as or similarto the devices described with respect to the entity systems 10, usercomputer systems 20, and/or user resource pool systems 30 (e.g., one ormore communication devices, one or more processing devices, and one ormore memory devices with computer-readable instructions of one or moreapplications, one or more datastores, or the like). Thus, thethird-party entity systems 40 and/or other like systems communicate withthe entity systems 10, user computer systems 20, and/or user resourcepool systems 30 in the same or similar way as previously described withrespect to the entity systems 10, user computer systems 20, and/or userresource pool systems 30. The third-party entity systems 40, associateddata storage, and/or third-party applications, are used for accessingresource pools and resource allocations (e.g., user data) stored atthird-parties, for receiving information associated with the resourcepool type and/or resource allocations, and/or for sharing informationwith other users and/or other entities, or the like.

FIG. 2 presents a process flow 100 illustrating the assignment of aresource pool type and allocation of resources at the time of initiationof the resource pool, in accordance with aspects of the invention. Block102 in FIG. 2 illustrates that an indication to initiate a new resourcepool is received by an entity (e.g., from the entity systems 10) from auser 4 (e.g., through the use of the user computer systems 20). In someaspects of the invention the request is a request to open a new accountwith the financial institution. In some aspects of the invention therequest may include a resource pool type in which the user is interested(e.g., a savings account, investment account, emergency account, or thelike type of account). In some aspects of the invention the request mayinclude the amount of resources that the user 4 would like to allocateto the new resource pool (or allocate to different areas within theresource pool). For example, the user 4 may request that “X1” resourcesbe allocated to the new resource pool, such as a savings account.Alternatively, or in addition, the user 4 may request that “X2”resources from the “X1” resources, or all of the “X1” resources are,allocated to the new resource pool for a specific purpose, such as anemergency fund allocation within the new resource pool.

Block 104 in FIG. 2 illustrates that in response to receiving therequest to initiate a new resource pool, a request from the entity issent through the entity systems 10 to the user 4 through the usercomputer systems 20 to inquire about the purpose of the new resourcepool (e.g., how the resources in the new resource pool are going to beused, an objective the user 4 is trying to achieve, and/or a goalassociated with the new resource pool). In some aspects of the inventionthe entity request regarding the purpose of the resource pool may be aneducated request, such that the entity may determine a likely purpose ofthe new resource pool. For example, the entity may know (e.g., throughuser data) that the user 4 has a new baby, children of middle schoolage, or the like, and the user 4 already has a retirement account, buthas requested that the new resource pool being initiated is aninvestment account. As such, the entity systems 10 may make an educatedrequest by asking if the new investment account is an educationinvestment account. In other examples, the entity system 10 may know(e.g., through user data) that the user 4 currently only has a checkingaccount, has requested an initiation of a new savings resource pool, andhas indicated that “X3” amount of resource are going to be allocated tothe resource pool. As such, the entity systems 10 may make an educatedrequest by asking if the new savings resource pool is for an emergencyfund. Alternatively, instead of providing an educated request, theentity systems 10 may ask the user to provide information related to howthe user 4 plans on using the resources in the new resource pool (e.g.,purpose of the pool, objective, and/or goal associated with the newresource pool). The request may require the user 4 to provide a writtenresponse, to select a type of resource pool from a dropdown menu, and/ormake a selection of resource pools provided in multiple choice form, allof which may be provided in a user interface. In some aspects of theinvention, the entity may provide questions regarding how the user 4plans to use the account. The interface may include information aboutall of the resource pools owned by the user both through the entity andthrough third party entities. For example, the user 4 may havepreviously allowed, or allowed the entity through the initiation of thenew resource pool to access the user's resource pools at otherthird-party entities in order to provide the most relevant user data tothe user 4 and/or the entity. This user data may help to user 4 and/orthe entity determine what type of resource pool the user 4 may beinterested in opening.

FIG. 2 further illustrates in block 106 that a response is received fromthe user 4 through the user computer systems 20 regarding the purpose ofthe new resource pool and/or the purpose of the funds within the newresource pool. For example, the user 4 may provide information relatedto how the user 4 plans on using the new resource pool and/or theresources that are going to be contributed to the new resource pool,such as by answering questions asked by the entity. As such, the user 4may indicate that the new resource pool is for education expenses,emergency resources, or other like purpose. Alternatively, the user 4may indicate that the user 4 plans on using the resource pool forinvestments, checking, savings, or the like to reach an objective or agoal (e.g., buy a house, take a trip, buy a car, pay down debt, or thelike). In some embodiments of the invention, the entity system 10 maylock the user computer system 10 (e.g., mobile phone), or lock theuser's ability to proceed with opening the new resource pool through theinterface, until the user identifies the purpose of the resource pool.As such, the entity systems 10 may prevent the user from initiating thenew resource pool until the purpose of the pool is provided. Byidentifying the purpose of the resource pool the entity may be able toprovide much improved information to the user 4 so that the user 4 maymake informed decisions at the time of initiating the new resource pool,which improves the processing for the user's resource pools and/or forthe user's allocation of resources within the user resource pools.

Block 108 in FIG. 2 illustrates that user data (e.g., user data or otheruser data) regarding the types of resource pools and the allocation ofresources for resource pools of the user or other users (e.g., one ormore second users) is captured through the use of the entity systems 10,the user resource pool systems 30, and/or the third-party entity systems40. For example, the entity systems 10 may access the types of resourcepools that the user 4 has with the entity or other third-party entitiesby accessing the user's other resource pools (e.g., with permission fromthe user 4, such as a login name and/or password) and identifying thein-flows and out flows of resources in the user's resource pools. Theentity systems 10 may also access the types of resource pools that othersimilar users (e.g., users of the same age, demographics, lifestyles,transactions, living situations, locations, or the like) to determinewhat resource pools the other users have and how the other users areallocating resources. For example, the other users that have children ofsimilar age to the user 4 may have education resource pools that have“X4” amount of resources. Alternatively, the other users that havesimilar income and/or similar expenses (e.g., based on in-flows andoutflow of the other users' resource pools) as the user 4 may haveresource pools for an emergency that may have “X5” amount of resources.In other examples, the other users may have accounts to save for anevent and/or to pay down debt. It should be understood that the userdata (e.g., data associated with the user 4 and/or other users) may beutilized as described with respect to block 104 and/or below withrespect to block 110.

Block 110 in FIG. 2 illustrates that the entity systems 10 utilize theresponse from the user 4 regarding the purpose of the new resource pooland/or the proposed allocation of the user's resources in the newresource pool, and the user data regarding the resource pool types andallocation of resources of the user 4 and/or other users to determinesuggested resource pools and/or suggested allocation of resources withinthe resource pools. For example, the other user data may provideinformation indicating that for users trying to save for a purpose,instead of opening a savings account, the users typically open moneymarket accounts to receive improved returns over savings accounts, whichearn a much lower rate of return. In other examples, for an emergencyresource pool, the entity systems 10 may suggest a savings account, suchthat the resources may be accessed quickly, if necessary. Moreover, theentity systems 10 may suggest increasing the amount of initial resourcesallocated to the education resource pool, the emergency resource pool,or another resource pool, or to provide a monthly resource allocation toreach a particular resource amount in the resource pools. Moreover, aswill be discussed with respect to FIG. 3 in further detail, the entitysystems 10 may also recommend an allocation of resources to the newresource pool based in part on the user's allocation of resources in theuser's other resource pools.

FIG. 2 further illustrates in block 112 that the suggested resourcepools and/or allocations of resources are provided to the user 4 throughthe entity systems 20 and displayed to the user 4 on a user interface(e.g., integrated resource pool interface) on the user computer systems10. For example, a suggestion may be made to the user 4 to open aspecific type of resource pool that is most beneficial for the purposeof the new resource pool, and/or provide a specific allocation of user'sresources in the new resource pool (e.g., as determined from block 110).The suggested resource pool and/or allocation of resources that areprovided to the user 4 in the user interface may further includepre-populated resource amounts to allocate to the one or more suggestedresource pool (e.g., initial allocations, or reoccurring allocations fora time period). The suggested allocation amounts may include amountsthat the entity has determined are available from the user data (e.g.,the resource pools of the user with the entity and/or third-partyentities). For example, the entity system 10 may determine that the user4 has a savings resource pool with an “X6” resource amount, 50% of whichcan be transferred to an investment account, while maintaining 50% as anemergency fund. By making this determination at the point of initiatingthe new resource pool the entity does not have to take additionalprocessing steps to change the type of resource pools (e.g., if the useropened the wrong type of resource pool and has to later convert it oropen a new resource pool), or to make additional allocation of resourcesafter the resource pool is formed (e.g., funding the new resource poolat a point in time after initiation of the new resource pool), and assuch, the steps the processing devices are required to take may bereduced (e.g., processing times are reduced, processing capacity isimproved, or the like).

In other aspects of the invention, as will be discussed in furtherdetail with respect to FIG. 3, if the user is trying to reach a specificpurpose, such as a specific goal with the new resource pool, the entitysystems 10 may automatically provide a resource goal amount to the user4 in the user interface based on the purpose of the account (e.g., for avacation) and/or on user data for other users with similar resources(e.g., costs of vacations for users with similar inflows and outflows,or the like). In other examples, the goal may be a goal to pay down aparticular amount. In still other examples, the goal may be a resourceamount to reach for an emergency fund. In other example, the goal may bea resource amount to reach in 15 years when the user's child will attendcollege. As such, not only may the financial institution provide asuggested allocation amount for the new resource pool, but may alsoprovide a suggested goal amount in order to reach the purpose of theresource pool (e.g., the suggested allocation amount may be initialamount and/or a recurring amount over time in order to reach thesuggested goal).

In some embodiments of the invention when the suggested resource pooldetermined by the entity systems 10 is the same as the resource pooltype requested by the user 4 (e.g., as requested in one aspect of theinvention as described in block 102), the entity systems 10 may notprovide the suggest resource pools to the user as described above, andinstead may simply proceed with initiating the new resource pool, or mayotherwise provide an indication to the user 4 that the suggestedresource pool determined by the entity systems 10 is the same as theresource pool requested by the user 4. For example, the entity systems10 may display in the user interface an indication that the requestresource pool type received from the user 4 meets the suggested resourcepool type determined by the entity systems 10. Alternatively, or inaddition, the systems 10 may provide the suggested goal described above.

Block 114 of FIG. 2 illustrates that a selection of a suggested resourcepool and/or a selection of the allocation of resources for the selectedresource pool is received from the user 4 through the user interface onthe user computer systems 10. For example, the user 4 may select one ormore of the one or more suggested resource pools presented to the user4. Moreover, the user 4 may select one or more of the one or moresuggested resource allocations for the new resource pool. Additionally,the user 4 may select one or more suggested goals presented by theentity systems 10. It should be further understood that the user 4 mayaccept the resource allocations and/or goals suggested by the entitysystems 10, or the user 4 may modify the resource allocations and/orgoals suggested by the entity systems 10 through the user interface. Forexample, the user 4 may decide to allocate only 80% of a suggestedallocation amount to an emergency resource pool, and request that “X7”resource amount be transferred every month to reach the goal set by theentity systems 10 based in part on the user data. If the user 4 modifiesthe resource allocations the system 10 will display on the userinterface how the goals will be met or change (e.g., reach the goalsquicker, goal amounts may increase or decrease, or the like).Alternatively, if the user 4 modifies the goal (e.g., increases ordecreases the goal) the suggested resource allocations may change (e.g.,required resource allocations to meet the modified goal change).

FIG. 2 further illustrates in block 116 that the selected new resourcepool is initiated and/or allocations of resources are automaticallyinitiated at the initiation the new resource pool (e.g., at opening).The present invention provides for identifying the most relevantresource pool (e.g., account) and allocation of resources for the user 4at the time of initiating the new resource pool, such that the one ormore processing devices are not required to initiate multiple resourcepools and make multiple allocations of resources after the user 4initiates the new resource pool in order to achieve the desired purposethe user 4 has for the new resource pool. Since of the purpose of thenew resource pool is determined as the user 4 is requesting initiationof the new resource pool, then the processing device can set up thedesired resource pool type and resource allocation beginning frominitiation of the resource pool. This process improves the user 4experience and/or the reduces the amount of processing that the usercomputer systems 20 and/or entity systems 10 are required to do toinitiate the new resource pool and provide resource allocations for thenew resource pool.

Block 118 further illustrates that the user 4 is allowed to share thenew resource pool and/or allocations of resources with other users. Forexample, the user 4 may be able to share the resource pool and resourceallocations with other users that may provide further insight to achievethe purpose of the resource pool or to help provide additional resourcesto meet the purpose and/or goal of the new resource pool. As such, otherusers may provide additional suggestions for allocations to achieve thepurpose of the resource pool (e.g., a child may share the informationwith a parent, a dependent may share information with a caregiver, orthe like). Moreover, a user 4 may share the new resource pool typeand/or resource allocations with a joint resource pool holder (e.g.,domestic partner, business partner, employees, or the like). The sharingmay occur before or after the initiation of the resource pool and/or theresource allocation. As such, in some instances before the user 4selects a suggested resource pool and/or a suggested resourceallocation, a joint resource pool holder may provide input regardingwhat resource pool and/or resource allocations to select. In someaspects of the invention, the suggested and selected resourceallocations may be based on and received from the resource pools of thejoint resource pool holders (e.g., suggested goals for an emergency fundmay be based on the resources in the user's husband/wife's emergencyfund, or the like). Additionally, the other uses may provide additionalresources to meet the purpose of the new resource pool (e.g., vacation,car, house, pay down debt, education funds, or the like). For example,the other users may provide additional resources for the new resourcepool at the time the new resource pool is initiated, or after the newresource pool has been initiated. As such, in some aspects of theinvention other users may allow the user and/or entity to access theresource pools of the other users to aid in allocating resources. Forexample, the resource pools of other users (e.g., partners, child,parents, or the like) may be included in the determination of thepurpose of the new resource pool, the allocation of resources for thenew resource pool, the goals for the new resource pool, and/or themodification of resources for other current resource pools.

FIG. 2 further illustrates that the entity systems 10 may provideadditional information related to the purpose of the new resource poolat the time of initiating the new resource pool. The additionalinformation may be third-party entity information related to the purposeof the resource pool. For example, the entity systems 10 may direct theuser 4 to third-party entity partners that can assist in the purpose ofthe resource pool, or otherwise provide information about third-partyentities and/or products on the user interface as the user is initiatingthe resource pool. For example, if the user 4 is saving for a vacationthe entity systems 10 may provide third-party travel entities and/orproducts to help give the user 4 additional information regarding thecosts associated with a vacations and/or planning the vacation. As such,the user 4 may plan a vacation at the time of initiating the resourcepool in order to determine the estimated resources needed to take thevacation. It should be understood that any type of informationassociated with the purpose of the resource pool may be displayed to theuser 4 as the user 4 is initiating the new resource pool.

It should be understood, that all of the information regarding theresource pools (e.g., user 4 or joint resource poll holder), theallocations of resources, the goals, the other user resource pools,and/or other the third-party entity information may be presented to theuser 4 in a user interface that is an integrated interface that displaysaspects from the entity, from other users, as well as information fromthird party-systems. In this way the entity systems 10 may prevent theuser from leaving the entity site to go to a third-party entity site tohelp the user achieve the desired purpose of the resource pool, and moreparticularly to deter the user 4 from utilizing a resource pool fromanother entity to achieve the desired purpose of the user 4. As such,the entity is benefited by keeping the user 4 within the applicationspresented by the entity because the user 4 is more likely use theresource pools with the entity systems 10 if the entity helps providethe information that the user 4 needs to meet the purpose of theresource pool.

FIG. 3 presents a process flow for allocating resources in a newresource pool and/or modifying the allocation of resources of the user'scurrent resource pools. As illustrated by block 202 in FIG. 3, anindication is received from a user 4 through user computer systems 20 toinitiate a new resource pool. This may be done in the same way aspreviously described with respect to block 102 in FIG. 2.

Block 204 illustrates that the purpose of the new resource pool isidentified. In some embodiments, the purpose may be determined as wasdescribed in blocks 104 and 106 of FIG. 2. However, in other embodimentsof the invention the purpose may be determined in other ways, such asbut not limited to the user providing a purpose after the new resourcepool is initiated, determining a purpose based on how the resources inthe resource pool (e.g., new resource pool and/or current resource poolof the user 4) are allocated (e.g., if resources are distributed formedical expenses the resource pool may be a flex medical account, ifresources are allocated with an automatic withdraw for a mortgage,student loans, car payment it may be a resource pool used to pay downdebt, or the like), or the like.

In some aspects of the invention the purpose of the resource pool may bedescribed by determining goals of the user 4, as was previouslydescribed with respect to FIG. 2. In some aspects of the invention, thegoals for the resource pool may be received directly from the user 4.For example, the user 4 may simply provide the goal and a goal amount tothe entity. In other aspects of the invention the goals may bedetermined based on capturing user data for the user 4. For example, theentity systems 10 may determine that the user has a number of differentresource pools, but may determine that the user 4 has no investmentrelated resource pool, and as such a goal may be to create an investmentresource pool and invest resources. In other examples, the entity system10 may determine that the user has mortgages, student loans, and/ordebts, and the goal of the user 4 may be to set up the new resource poolto pay down the debt. Regardless of how the purpose of the new resourcepool is determined, goals may be set by the entity systems 10automatically and/or by the user 4 providing specific goals to achievethe purpose of the new resource pool. Continuing with the example whenthe purpose of the new resource pool is to pay down debt, for example asecond mortgage, a specific goal may be set to pay off the entire amountof the second mortgage by a particular time or within a time period. Thespecific goal may be suggested by entity systems 10 by identifying theamount remaining on the user's second mortgage, or it may be providedand/or modified by the user 4 along with, or in response to, selectingthe purpose of the new resource pool. The specific goals, and ultimatelythe suggested resource allocations described in block 208 and 210 may bedetermined in part by accessing user data as described with respect toblock 206.

As illustrated by block 206, and as previously described, in part, inblock 108 of FIG. 2, the entity systems 10 may further capture both userdata, as well as other user data, related to the resource pools owned bythe user 4 and other users, and how the user 4 and other users allocateresources within the resource pools. The user data may be accessed bythe entity through the user resource pool systems 30 by the entitysystems 10. As previously discussed, one or more user resource poolsystems 30 may store user data related to the resource pools owned bythe user 4 or other users, and how the resources within the pools areallocated (e.g., inflow and outflows of resources illustrating incomingincome and outgoing payments). In other aspects of the invention theuser data may be accessed by the entity through the third-party entitysystems 40 by the entity systems 10 (e.g., user 4 has given the entityaccess to the user resource pools at third-party entities). As such, theentity systems 10 determine how the resources in the user's currentresource pools and the resource pools of other users are allocated, towhom the resources are allocated, an amount of resources allocated, thefrequency of when the resources are allocated, or the like.

Block 208 in FIG. 3 illustrates that suggested resource allocations forthe new resource pools are determined based at least in part on thepurpose of the resource pool (e.g., the general purpose, as well as thespecific goals of the user 4 to achieve the purpose), the user datarelated to the user's other resource pools (e.g., allocations of theresources, inflows, outflows, available resources, or the like), and/orthe other user data related to the resource pools of other users (e.g.,allocations of resources, or the like). For example, when a user 4initiates a request for the new resource pool for the purpose to paydown debt (e.g., the specific goal of the entire amount of the secondmortgage), the entity systems 10 may analyze the user's resource pools,as well as other user resource pools, and the resource allocationstherein in order to determine a suggested amount of resources the user 4should or can allocate to the new resource pool. For example, the entitysystems 10 may identify that other users that are similar to the user 4allocate an average of “Y1” resources to an account to pay down asimilar type of debt. However, the user 4 may have more availableresources to pay down debt, and as such, may suggest that the userallocate an “Y2” (e.g., greater than Y1) amount of resources to the newresource pool to pay down a similar type of debt.

FIG. 3 further illustrates in block 210 that suggested modifications ofthe allocation of the resources in the other resource pools owned by theuser 4 are identified in order to help the user 4 to achieve the purposeof the new resource pool being initiated. For example, returning to theexample to pay down debt (e.g., a specific goal to pay down debt), theentity systems 10 may also provide modifications for the user's otherresource pools. As such, the entity systems 10 may determine that theuser should transfer resources being allocated for one resource pool(e.g., excess resources used to pay down a car) and direct the excessresources to the new resource pool (e.g., pay down the second mortgagewith a higher interest rate). Additionally, the entity systems 10 maydetermine that the user 4 should end a resource allocation in a resourcepool, and direct the resources to the new resource pool (e.g., cancelcable and allocate the resources to the new resource pool to pay downdebt). It should be understood that the entity systems may suggest anytype of modification of resource allocations based on the user's currentresource allocations in the user's current resource pools.

Block 212 of FIG. 3 illustrates that the suggested resource allocationsfor the new resource pool, the suggested modifications for theallocation of the resources in the current resource pools of the user 4,and/or the specific goals for achieving the purpose of the new resourcepool are provided to the user for verification over the user interface.For example, with respect to a new resource pool for paying down debt,the entity systems 10 may suggest an initial resource allocation,monthly allocations to the new resource pool, and/or modifications tothe resource allocations of current resource pools to fund the initialresource allocation, and/or monthly allocations to achieve the specificgoals (e.g., initial transfer from a checking account, the cancelationof a purchase of a product from another account, and redistribution ofthe resources from the canceled purchase to the new resource pool forpaying down debt, or the like). In some aspects of the invention, theentity systems 10 may automatically populate the user interface for theuser 4 (e.g., an integrated interface for the new resource pool and/orother resources pools of the user 4) with the amount of the initialallocation of resources (e.g., funds) to the new resource pool, themodification to the current resource pools of the user 4, and/or thespecific goals for achieving the purpose that are all displayed in theuser interface. In some aspects of the invention, the user 4 may changethe suggested allocations provided by the entity systems 10 by changingthe auto-populated fields within the user interface (e.g., changing theallocations, the resource pools from which the allocations are received,and/or the specific goals. For example, the user 4 may want to decreasein the initial allocation of resources to the new resource pool andincrease the monthly resource allocations, change the resource poolsfrom which the resource allocations are made, and increase the specificgoal amount to pay down the debt faster. As one input is changed in theuser interface, the rest of the inputs are automatically updated inreal-time or near real-time in order to illustrate to the user how thechanges in the allocations and goals affects the other inputs.

Block 214 in FIG. 3 illustrates that the entity systems 10 receive fromthe user computer systems 20 one or more selections of one or moreresource allocations for the new resource pool (e.g., allocations frommultiple resource pools, initial allocations, recurring allocations fora time period, or the like) and/or one or more selections of one or moresuggested modifications for the allocation of resources in the otherresource pools (e.g., changes in resource allocations of currentresource pools). For example, the entity systems 10 may receive anindication from the user 4 from the user computer systems 20 to allocatethe suggested initial allocation of “Y3” resources to the new resourcepool (e.g., the new resource pool for paying down debt). Moreover, theentity systems 10 may further receive an indication from the user 4 tocancel resource allocations of “Y4” for other products in other resourcepools owned by the user 4 and direct the allocation of the “Y4”resources to the new resource pool on a monthly basis (e.g., or othertime period) in the future. As such, the user 4 may make all of thechanges to the user's resource pools (e.g., the new resource poolallocations and/or the current resource pool allocations) at the time ofinitiating the new resource pool.

FIG. 3 further illustrates in block 216 that the one or more selectedresource allocations for the new resource pool and/or the one or moreselected modified resource allocations for the current resource pools ofthe user 4 are initiated by the entity systems 10. As such, theallocations are automatically made in order to help the user 4 reach thepurpose (e.g., the stated goal, or the like) of the user's new resourcepool, while reducing the number of actions the one or more processingdevices have to take to set up the new resource pools and new resourceallocations and modified allocations of the resources in the currentresource pools of the user 4.

It should be understood that by presenting the allocation of resourcesfor the new resource pool and the modifications of the allocations tothe user's current resource pools at the time of initiating the newresource pool, the processing of the new resource pool and the resourceallocations are improved. For example, the processing devices used toinitiate the new resource pool and make the allocations of resourcesneed only utilize the processing capacity at the time of the initiationof the new resource pool and the resource allocations. In typicalsituations, the user 4 would open a new resource pool, and once the newresource pool is initiated the transfer the resources are thereaftermade, without any input or direction from the entity. As such, theprocessing device would make allocations well after initiating the newresource pool, and in order to process the additional allocations, theprocessing devices would be required to re-identify the new resourcepool and the current resource pools to make the desired allocations.Moreover, if the new resource pool was not the best vehicle forachieving the purpose the user 4 desired, the new resource pool wouldhave to be converted to a different type of resource pool. Thisincreases the processing times and capacity needed by the entity tocreate the resource pools and/or make the allocations. As such, thepresent invention provides improved processing speeds and times byinitiating the correct resource pool and allocating suggested resourcesat the time of opening the new resource pool. The systems and processesdescribed herein saves time, processing capacity, and improve processingspeeds.

Block 218 further illustrates that the user 4 may share the new resourcepool and/or allocations of resources with other users, as was previouslydiscussed with respect to block 118 in FIG. 1. Furthermore, asillustrated by block 220, third-party entity information may be providedto the user 4 it aid in the allocation of resources as previouslydescribed with respect to block 120 in FIG. 1.

It should be further understood that in some embodiments of theinvention, the systems and process described herein (e.g., with respectto FIGS. 1-3) may be applied to the situation when a user 4 is switchingone or more resource pools from a current entity (e.g., first entity) toa new entity (e.g., second entity). For example, the user 4 may want totransfer all of the user's resource pools from one or more currententities to one or more new entities. The user 4 may allow a new entityto access all of the user's resource pools with the one or more currententities, for example, by providing the new entity the login andpassword information associated with accessing the resource pools of theuser 4 at the one or more current entities. As such, the new entity mayaccess the resource pools of the user in order to determine the type ofresource pools, the in-flows and out-flows, the type of resource pools,or the like owned by the user 4. As previously described herein, the newentity may determine a purpose and/or goals of the resource pools,and/or receive the purpose and/or goals of the resource pools from theuser 4 (e.g. for the new resource pools at the new entity and/or thecurrent resource pools at the current entity). As such, the new entitymay determine one or more new suggested resource pools and/or resourceallocations for the one or more new suggested resource pools for theuser to convert the user's current resource pools at one or more currententities (e.g., third-parties) to resource pools at the new entity. Thesuggestions may include allocating resources to accounts differentlythan the user 4 had previously had allocated the resources at thecurrent entity (e.g., move excess resources from an emergency resourcepool to an investment resource pool, or the like). It should be furtherunderstood that the user 4 may request the suggestions from the newentity without actually creating the new resource pools and transferringthe resources from the current resource pools in order to get an idearegarding how the user 4 should allocate the resources without actuallymaking any changes.

In some embodiments of the invention one or more of the systemsdescribed herein may be combined with each other, or otherwise performthe functions of the other systems described herein. In otherembodiments of the invention one or more of the applications describedherein may be combined with each other, or otherwise perform thefunctions of the other applications described herein. Furthermore, theapplications may be any type of application, such as an applicationstored on a desktop, server, or other device, a mobile applicationstored on a mobile device, a cloud application, or other likeapplication. As such, the applications described herein, or portions ofthe applications described herein may be stored and operated on any ofthe systems, devices, or devices thereof described herein. For example,a portion of entity application 17 and/or the resource pool application37 may be stored on the user computer systems 20, and/or a portion ofthe resource pool application 37 may be stored on the entity systems 10or the user computer systems 20, in order to achieve the embodiments ofthe invention described herein.

It should be understood, that the systems and devices described in FIG.1, or other devices not specifically described herein, may be configuredto establish an electronic communications link with each other in orderto accomplish the steps of the processes described herein. The link maybe an internal link within the same entity (e.g., within the samefinancial institution for the nodes or devices within the nodes) or anexternal link with the other systems of other entities (e.g., nodes orother systems controlled by other entities). The information withinsystems may be made continuously available, however, continuouslyavailable does not necessarily mean that the sources actuallycontinuously generates data, but that a source is continuously availableto generate and send data real-time (e.g., instantaneously and/or withina few seconds, or the like) of receiving a request for it. In any case,the sources may be continuously available to receive and/or generateinformation, in some cases in digitized data in Internet Protocol (IP)packet format.

Moreover, it should be understood that the process flows describedherein include transforming the information sent and/or received fromthe applications of the different systems (e.g., internally orexternally) from one or more data formats into a data format associatedwith each of the systems. There are many ways in which information isconverted within the system environment 1. This may be seamless, as inthe case of upgrading to a newer version of a computer program.Alternatively, the conversion may require processing by the use of aspecial conversion program, or it may involve a complex process of goingthrough intermediary stages, or involving complex “exporting” and“importing” procedures, which may convert to and from a tab-delimited orcomma-separated text file. In some cases, a program may recognizeseveral data file formats at the data input stage and then is alsocapable of storing the output data in a number of different formats.Such a program may be used to convert a file format. If the sourceformat or target format is not recognized, then at times a third programmay be available which permits the conversion to an intermediate format,which can then be reformatted.

As will be appreciated by one of skill in the art, the present inventionmay be embodied as a method (including, for example, acomputer-implemented process, a business process, and/or any otherprocess), apparatus (including, for example, a system, machine, device,computer program product, and/or the like), or a combination of theforegoing. Accordingly, embodiments of the present invention may takethe form of an entirely hardware embodiment, an entirely softwareembodiment (including firmware, resident software, micro-code, etc.), oran embodiment combining software and hardware aspects that may generallybe referred to herein as a “system.” Furthermore, embodiments of thepresent invention may take the form of a computer program product on acomputer-readable medium having computer-executable program codeembodied in the medium.

Any suitable transitory or non-transitory computer readable medium maybe utilized. The computer readable medium may be, for example but notlimited to, an electronic, magnetic, optical, electromagnetic, infrared,or semiconductor system, apparatus, or device. More specific examples ofthe computer readable medium include, but are not limited to, thefollowing: an electrical connection having one or more wires; a tangiblestorage medium such as a portable computer diskette, a hard disk, arandom access memory (RAM), a read-only memory (ROM), an erasableprogrammable read-only memory (EPROM or Flash memory), a compact discread-only memory (CD-ROM), or other optical or magnetic storage device.

In the context of this document, a computer readable medium may be anymedium that can contain, store, communicate, or transport the programfor use by or in connection with the instruction execution system,apparatus, or device. The computer usable program code may betransmitted using any appropriate medium, including but not limited tothe Internet, wireline, optical fiber cable, radio frequency (RF)signals, or other mediums.

Computer-executable program code for carrying out operations ofembodiments of the present invention may be written in an objectoriented, scripted or unscripted programming language such as Java,Perl, Smalltalk, C++, or the like. However, the computer program codefor carrying out operations of embodiments of the present invention mayalso be written in conventional procedural programming languages, suchas the “C” programming language or similar programming languages.

Embodiments of the present invention are described above with referenceto flowchart illustrations and/or block diagrams of methods, apparatus(systems), and computer program products. It will be understood thateach block of the flowchart illustrations and/or block diagrams, and/orcombinations of blocks in the flowchart illustrations and/or blockdiagrams, can be implemented by computer-executable program codeportions. These computer-executable program code portions may beprovided to a processor of a general purpose computer, special purposecomputer, or other programmable data processing apparatus to produce aparticular machine, such that the code portions, which execute via theprocessor of the computer or other programmable data processingapparatus, create mechanisms for implementing the functions/actsspecified in the flowchart and/or block diagram block or blocks.

These computer-executable program code portions may also be stored in acomputer-readable memory that can direct a computer or otherprogrammable data processing apparatus to function in a particularmanner, such that the code portions stored in the computer readablememory produce an article of manufacture including instructionmechanisms which implement the function/act specified in the flowchartand/or block diagram block(s).

The computer-executable program code may also be loaded onto a computeror other programmable data processing apparatus to cause a series ofoperational steps to be performed on the computer or other programmableapparatus to produce a computer-implemented process such that the codeportions which execute on the computer or other programmable apparatusprovide steps for implementing the functions/acts specified in theflowchart and/or block diagram block(s). Alternatively, computer programimplemented steps or acts may be combined with operator or humanimplemented steps or acts in order to carry out an embodiment of theinvention.

As the phrase is used herein, a processor may be “configured to” performa certain function in a variety of ways, including, for example, byhaving one or more general-purpose circuits perform the function byexecuting particular computer-executable program code embodied incomputer-readable medium, and/or by having one or moreapplication-specific circuits perform the function.

Embodiments of the present invention are described above with referenceto flowcharts and/or block diagrams. It will be understood that steps ofthe processes described herein may be performed in orders different thanthose illustrated in the flowcharts. In other words, the processesrepresented by the blocks of a flowchart may, in some embodiments, be inperformed in an order other that the order illustrated, may be combinedor divided, or may be performed simultaneously. It will also beunderstood that the blocks of the block diagrams illustrated, in someembodiments, merely conceptual delineations between systems and one ormore of the systems illustrated by a block in the block diagrams may becombined or share hardware and/or software with another one or more ofthe systems illustrated by a block in the block diagrams. Likewise, adevice, system, apparatus, and/or the like may be made up of one or moredevices, systems, apparatuses, and/or the like. For example, where aprocessor is illustrated or described herein, the processor may be madeup of a plurality of microprocessors or other processing devices whichmay or may not be coupled to one another. Likewise, where a memory isillustrated or described herein, the memory may be made up of aplurality of memory devices which may or may not be coupled to oneanother.

In accordance with embodiments of the invention, entity may be afinancial institution, and the terms “financial institution” and“financial entity” include any organization that processes financialtransactions including, but not limited to, banks, credit unions,savings and loan associations, investment companies, stock brokerages,asses management firms, insurance companies and the like. In specificembodiments of the invention, use of the term “bank” is limited to afinancial entity in which account-bearing customers conduct financialtransactions, such as account deposits, withdrawals, allocations and thelike.

In accordance with embodiments of the invention, resource pools may beany type of account, and an “account” is the relationship that a userhas with an entity, such as a financial institution. Examples ofaccounts include a deposit account, such as a transactional account(e.g., a banking account), a savings account, an investment account, amoney market account, a time deposit, a demand deposit, a pre-paidaccount, a credit account, a debit/deposit account, a non-monetary userprofile that includes information associated with the user, or the like.The account is associated with and/or maintained by the entity. The term“resource” may include funds, and the term “funds” includes forms ofcurrency or payment stored by a financial institution in an account.

While certain exemplary embodiments have been described and shown in theaccompanying drawings, it is to be understood that such embodiments aremerely illustrative of, and not restrictive on, the broad invention, andthat this invention not be limited to the specific constructions andarrangements shown and described, since various other changes,combinations, omissions, modifications and substitutions, in addition tothose set forth in the above paragraphs, are possible. Those skilled inthe art will appreciate that various adaptations and modifications ofthe just described embodiments can be configured without departing fromthe scope and spirit of the invention. Therefore, it is to be understoodthat, within the scope of the appended claims, the invention may bepracticed other than as specifically described herein.

INCORPORATION BY REFERENCE

To supplement the present disclosure, this application furtherincorporates entirely by reference the following commonly assignedpatent applications:

U.S. patent application Docket Number Ser. No. Title Filed On7259US1.014033.2850 To be assigned RESOURCE TRACKING Concurrently ANDUTILIZATION herewith SYSTEM 7261US1.014033.2851 To be assigned RESOURCEASSIGNMENT Concurrently SYSTEM herewith 7263US1.014033.2853 To beassigned SYSTEM FOR RESOURCE Concurrently ALLOCATION AT TIME OF herewithUSE AND CONSERVATION OF UNUSED PORTION 7264US1.014033.2854 To beassigned SYSTEM FOR RESOURCE Concurrently ALLOCATION AND herewithCONSERVATION OF UNUSED PORTION 7265US1.014033.2855 To be assigned SYSTEMFOR Concurrently MONITORING RESOURCE herewith ACTIVITY AND ALERTGENERATION

What is claimed is:
 1. A system for allocating resources of a user atinitiation of a new resource pool, the system comprising: one or morememory devices storing computer-readable code; and one or moreprocessing devices operatively coupled to the one or more memorydevices, wherein the one or more processing devices are configured toexecute the computer-readable code to: electronically receive anindication from a user to initiate a new resource pool, wherein theindication is received from a user computer system; electronicallyidentify a purpose of the new resource pool; electronically access userdata for the user regarding resource allocations for current resourcepools of the user by accessing user resource pool systems;electronically identify one or more suggested resource allocations basedon the purpose of the resource pool and the user data for the resourceallocations for the current resource pools of the user; electronicallyprovide the user the one or more suggested resource allocations in auser interface, wherein the user interface is provided by the entitysystems on the user computer systems; electronically receive a selectedresource allocation for the new resource pool from the one or moresuggested resource allocations, wherein the selected resource allocationis received from the user computer system; and electronically initiatethe new resource pool and the selected resource allocation, wherein theselected resource allocation is initiated through the entity systems. 2.The system of claim 1, wherein processing speed of the one or processingdevices is improved by automatically initiating the selected resourceallocation at the same time as initiating the new resource pool byreducing the number of processing steps for the one or more processingdevices.
 3. The system of claim 1, wherein the one or more processingdevices are further configured to execute the computer-readable code to:electronically identify one or more suggested modifications of currentresource allocations in the current resource pools of the user based onthe purpose of the resource pool and the user data for the resourceallocations for the current resource pools of the user; electronicallyprovide the user the one or more suggested modifications of the currentresource allocations on the user interface, wherein the user interfaceis provided by the entity systems to the user computer systems;electronically receive a selected modification of current resourceallocations from the one or more suggested modifications of currentresource allocations, wherein the selected modification of currentresource allocations is received from the user computer systems; andelectronically initiate the selected modification of current resourceallocations along with initiating the new resource pool and the selectedresource allocation for the new resource pool, wherein the selectedresource allocation is initiated through the entity systems.
 4. Thesystem of claim 3, wherein the one or more suggested resourceallocations for the new resource pool and the one or more suggestedmodifications of current resource allocations for the current resourcepools are provided to the user in a resource allocation interface on theuser computer systems, and wherein the user may alter the one or moresuggested resource allocations or the one or more suggestedmodifications of current resource allocations before initiating the newresource pool, the selected resource allocation for the new resourcepool, and the selected modification of current resource allocations. 5.The system of claim 1, wherein the one or more processing devices areconfigured to execute the computer-readable code to: electronicallyprovide the user third party entity information related to the purposeof the new resource pool or the selected resource allocation.
 6. Thesystem of claim 1, wherein the one or more processing devices areconfigured to execute the computer-readable code to: electronicallyreceive a request from the user to provide new resource pool informationto one or more of the other users to aid in achieving the purpose of thenew resource pool.
 7. The system of claim 1, wherein the one or moreprocessing devices configured to execute the computer-readable code toelectronically identify a purpose of the new resource pool areconfigured to: electronically request an inquiry regarding a purpose forthe new resource pool after receiving the indication from the user toinitiate the new resource pool, wherein the request is sent to the usercomputer system by the entity system; and electronically receive aresponse from the user regarding the purpose of new the resource pool.8. The system of claim 1, wherein the one or more processing devicesconfigured to execute the computer-readable code to electronicallyidentify a purpose of the new resource pool are configured to:electronically receive a resource pool type and a proposed resourceallocation for the new resource pool along with the indication from theuser to initiate the new resource pool, wherein the resource pool typeand the proposed resource allocation for the new resource pool arereceived from the user computer system; electronically access the userdata for the user regarding resource allocations for current resourcepools of the user by accessing user resource pool systems; andelectronically identify the purpose of the new resource pool based onthe resource pool type and the proposed resource allocation for the newresource pool, and the user data.
 9. A method for allocating resourcesof a user at initiation of a new resource pool, the method comprising:electronically receive, by one or more processing devices, an indicationfrom a user to initiate a new resource pool, wherein the indication isreceived from a user computer system; electronically identify, by theone or more processing devices, a purpose of the new resource pool;electronically access, by the one or more processing devices, user datafor the user regarding resource allocations for current resource poolsof the user by accessing user resource pool systems; electronicallyidentify, by the one or more processing devices, one or more suggestedresource allocations based on the purpose of the resource pool and theuser data for the resource allocations for the current resource pools ofthe user; electronically provide, by the one or more processing devices,the user the one or more suggested resource allocations in a userinterface, wherein the user interface is provided by the entity systemson the user computer systems; electronically receive, by the one or moreprocessing devices, a selected resource allocation for the new resourcepool from the one or more suggested resource allocations, wherein theselected resource allocation is received from the user computer system;and electronically initiate, by the one or more processing devices, thenew resource pool and the selected resource allocation, wherein theselected resource allocation is initiated through the entity systems.10. The method of claim 9, wherein processing speed of the one orprocessing devices is improved by automatically initiating the selectedresource allocation at the same time as initiating the new resource poolby reducing the number of processing steps for the one or moreprocessing devices.
 11. The method of claim 9, wherein the methodfurther comprises: electronically identify, by the one or moreprocessing devices, one or more suggested modifications of currentresource allocations in the current resource pools of the user based onthe purpose of the resource pool and the user data for the resourceallocations for the current resource pools of the user; electronicallyprovide, by the one or more processing devices, the user the one or moresuggested modifications of the current resource allocations on the userinterface, wherein the user interface is provided by the entity systemsto the user computer systems; electronically receive, by the one or moreprocessing devices, a selected modification of current resourceallocations from the one or more suggested modifications of currentresource allocations, wherein the selected modification of currentresource allocations is received from the user computer systems; andelectronically initiate, by the one or more processing devices, theselected modification of current resource allocations along withinitiating the new resource pool and the selected resource allocationfor the new resource pool, wherein the selected resource allocation isinitiated through the entity systems.
 12. The method of claim 11,wherein the one or more suggested resource allocations for the newresource pool and the one or more suggested modifications of currentresource allocations for the current resource pools are provided to theuser in a resource allocation interface on the user computer systems,and wherein the user may alter the one or more suggested resourceallocations or the one or more suggested modifications of currentresource allocations before initiating the new resource pool, theselected resource allocation for the new resource pool, and the selectedmodification of current resource allocations.
 13. The method of claim 9,wherein the method further comprises: electronically provide, by the oneor more processing devices, the user third party entity informationrelated to the purpose of the new resource pool or the selected resourceallocation.
 14. The method of claim 9, further comprising:electronically receive, by the one or more processing devices, a requestfrom the user to provide new resource pool information to one or more ofthe other users to aid in achieving the purpose of the new resourcepool.
 15. The method of claim 9, wherein electronically identifying apurpose of the new resource pool comprises: electronically requesting aninquiry regarding a purpose for the new resource pool after receivingthe indication from the user to initiate the new resource pool, whereinthe request is sent to the user computer system by the entity system;and electronically receiving a response from the user regarding thepurpose of new the resource pool.
 16. The method of claim 9, whereinelectronically identifying a purpose of the new resource pool comprises:electronically receiving a resource pool type and a proposed resourceallocation for the new resource pool along with the indication from theuser to initiate the new resource pool, wherein the resource pool typeand the proposed resource allocation for the new resource pool arereceived from the user computer system; electronically accessing theuser data for the user regarding resource allocations for currentresource pools of the user by accessing user resource pool systems; andelectronically identifying the purpose of the new resource pool based onthe resource pool type and the proposed resource allocation for the newresource pool, and the user data.
 17. A computer program product forallocating resources of a user at initiation of a new resource pool, thecomputer program product comprising at least one non-transitorycomputer-readable medium having computer-readable program code portionsembodied therein, the computer-readable program code portionscomprising: an executable portion configured to electronically receivean indication from a user to initiate a new resource pool, wherein theindication is received from a user computer system; an executableportion configured to electronically identify a purpose of the newresource pool; an executable portion configured to electronically accessuser data for the user regarding resource allocations for currentresource pools of the user by accessing user resource pool systems; anexecutable portion configured to electronically identify one or moresuggested resource allocations based on the purpose of the resource pooland the user data for the resource allocations for the current resourcepools of the user; an executable portion configured to electronicallyprovide the user the one or more suggested resource allocations in auser interface, wherein the user interface is provided by the entitysystems on the user computer systems; an executable portion configuredto electronically receive a selected resource allocation for the newresource pool from the one or more suggested resource allocations,wherein the selected resource allocation is received from the usercomputer system; and an executable portion configured to electronicallyinitiate the new resource pool and the selected resource allocation,wherein the selected resource allocation is initiated through the entitysystems.
 18. The computer program product of claim 17, whereinprocessing speed of one or processing devices executing thecomputer-readable program code portions is improved by automaticallyinitiating the selected resource allocation at the same time asinitiating the new resource pool by reducing the number of processingsteps for the one or more processing devices.
 19. The computer programproduct of system of claim 17, wherein the computer-readable programcode portions further comprises: an executable portion configured toelectronically identify one or more suggested modifications of currentresource allocations in the current resource pools of the user based onthe purpose of the resource pool and the user data for the resourceallocations for the current resource pools of the user; an executableportion configured to electronically provide the user the one or moresuggested modifications of the current resource allocations on the userinterface, wherein the user interface is provided by the entity systemsto the user computer systems; an executable portion configured toelectronically receive a selected modification of current resourceallocations from the one or more suggested modifications of currentresource allocations, wherein the selected modification of currentresource allocations is received from the user computer systems; and anexecutable portion configured to electronically initiate the selectedmodification of current resource allocations along with initiating thenew resource pool and the selected resource allocation for the newresource pool, wherein the selected resource allocation is initiatedthrough the entity systems.
 20. The computer program product of claim19, wherein the one or more suggested resource allocations for the newresource pool and the one or more suggested modifications of currentresource allocations for the current resource pools are provided to theuser in a resource allocation interface on the user computer systems,and wherein the user may alter the one or more suggested resourceallocations or the one or more suggested modifications of currentresource allocations before initiating the new resource pool, theselected resource allocation for the new resource pool, and the selectedmodification of current resource allocations.